Subjective Well-Being: Easterlin Paradox, the (Decreasing) Return(s)? From Log to Square, New Evidence from Wealthier Data

2011 ◽  
Author(s):  
Thomas Roca
Keyword(s):  
Well Being ◽  
Subjective Well Being ◽  
Easterlin Paradox ◽  
New Evidence

Do National Service Programs Improve Subjective Well-Being in Communities?

2018 ◽  
Vol 49 (3) ◽  
pp. 275-291 ◽  
Author(s):  
Kristopher Velasco ◽  
Pamela Paxton ◽  
Robert W. Ressler ◽  
Inbar Weiss ◽  
Lilla Pivnick
Keyword(s):  
United States ◽  
Well Being ◽  
The United States ◽  
Change Score ◽  
National Service ◽  
Subjective Well Being ◽  
Community Effects ◽  
Service Programs ◽  
Open Question ◽  
New Evidence

Since the creation of Volunteers in Service to America (VISTA) in 1964 and AmeriCorps in 1993, a stated goal of national service programs has been to strengthen the overall health of communities across the United States. But whether national service programs have such community effects remains an open question. Using longitudinal cross-lagged panel and change-score models from 2005 to 2013, this study explores whether communities with national service programs exhibit greater subjective well-being. We use novel measures of subjective well-being derived from tweeted expressions of emotions, engagement, and relationships in 1,347 U.S. counties. Results show that national service programs improve subjective well-being primarily by mitigating threats to well-being and communities that exhibit more engagement are better able to attract national service programs. Although limited in size, these persistent effects are robust to multiple threats to inference and provide important new evidence on how national service improves communities in the United States.

scholarly journals Why Do Advantaged People Feel Unhappy? Effects of Materialistic Values on Subjective Well-Being

2019 ◽  
Vol 5 ◽  
pp. 237802311985391
Author(s):  
Naoki Sudo
Keyword(s):  
Social Mobility ◽  
Social Stratification ◽  
Regression Models ◽  
Social Values ◽  
Well Being ◽  
Finite Mixtures ◽  
Subjective Well Being ◽  
Easterlin Paradox ◽  
Materialistic Values ◽  
The Relationship

This article aims to explore the relationship between income and happiness. As shown by the Easterlin paradox, the relationship between income and happiness is not simple but indeed is rather complicated. The author used finite mixtures of regression models to analyze the data from the National Survey of Social Stratification and Social Mobility conducted in Japan and implemented computer simulations based on the results of the finite mixtures of regression models to examine how changes in social values influence the relationship between income and happiness. Analytical results revealed that people can be categorized into two latent classes: one dominated by materialistic values and the other eschewing materialistic values. Moreover, they clarified that materialistic values have ambivalent influences on individual happiness and average happiness in society. It is concluded that the diffusion of materialistic values might cause paradoxical relationships between income and happiness.

scholarly journals Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles

2008 ◽  
Vol 46 (1) ◽  
pp. 95-144 ◽  
Author(s):  
Andrew E Clark ◽  
Paul Frijters ◽  
Michael A Shields
Keyword(s):  
Utility Function ◽  
Relative Income ◽  
Well Being ◽  
Thomas Carlyle ◽  
Subjective Well Being ◽  
Easterlin Paradox ◽  
The Past ◽  
Average Happiness ◽  
Positive Correlations ◽  
And Migration

The well-known Easterlin paradox points out that average happiness has remained constant over time despite sharp rises in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income and individual measures of subjective well-being. This paper suggests that these two findings are consistent with the presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to oneself in the past (habituation). We review the evidence on relative income from the subjective well-being literature. We also discuss the relation (or not) between happiness and utility, and discuss some nonhappiness research (behavioral, experimental, neurological) related to income comparisons. We last consider how relative income in the utility function can affect economic models of behavior in the domains of consumption, investment, economic growth, savings, taxation, labor supply, wages, and migration. Every pitifulest whipster that walks within a skin has had his head filled with the notion that he is, shall be, or by all human and divine laws ought to be, “happy.” Thomas Carlyle

scholarly journals Subjective Well-Being and Aversion to Macroeconomic Losses: New Evidence

2021 ◽  
Author(s):  
David Patiño ◽  
Francisco Gómez-García ◽  
Alejandro Marín-Serrano
Keyword(s):  
Well Being ◽  
Subjective Well Being ◽  
New Evidence

scholarly journals Subjective Well-Being and Job Types: New Evidence From China

2019 ◽  
Vol 16 (1) ◽  
pp. 24-31
Author(s):  
Meng Yan ◽  
Kai Shi
Keyword(s):  
Public Sector ◽  
Household Income ◽  
Probit Model ◽  
Well Being ◽  
Ordered Probit ◽  
Ordered Probit Model ◽  
Subjective Well Being ◽  
The Public ◽  
New Evidence ◽  
Practical Implications

Abstract Research purpose. The job types might be potential determinants of subjective well-being (SWB), which is seldom investigated in the current literature. This article examines this relationship by collecting data from the Chinese Household Income Project in 2013 to explore this relationship. Approach. In line with existing studies on SWB, we apply the ordered probit model and further estimate the effects of different job types on SWB. Findings. This article demonstrates that individuals employed by Sino-foreign joint enterprises tend to have the lowest SWB. On the contrary, those employed by the public sector and private enterprises are more likely to acquire higher satisfaction. Practical implications. To conclude, job types are closely linked with SWB and job types should be incorporated as a crucial factor when further analysing the SWB.

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